News Overview

The domestic equity benchmarks traded in a volatile manner in early trade. The Nifty traded tad above the 17,050 mark. Barring pharma, healthcare, and metals, all the sectoral indices on the NSE edged higher. At 09:22 IST, the barometer index, S&P BSE Sensex was down 50.08 points or 0.09% to 56,925.91. The Nifty 50 index lost 11.35 points or 0.07% to 17,057.75. Investors remained cautious […]

Registered the sales of 30,761 units in FY’22.

RailTel Corporation of India gained 1.87% to Rs 106.45 after the company received work order of Rs 107.44 crore from South Western Railway (SWR).

Profit after tax stable at Rs57.4 crore from Rs52.7 crore in Q4 FY21.

Healthy return Ratios : ROE in FY22 is 72.8% and ROCE in FY22 is 76.4%.

GMR Hyderabad International Airport (GHIAL), a step-down subsidiary of GMR Infrastructure (GIL), has received a letter of confirmation from the Ministry of Civil Aviation (MoCA) extending the term of the Concession Agreement for operating Rajiv Gandhi International Airport in Hyderabad for a further period of 30 years – from 23 March 2038 up to 22 March 2068. This extension is in terms of the Concession […]

Macrotech Developers announced that the certified copy of the final Order of the Honble National Company Law Tribunal, Mumbai Bench, (NCLT) along with the Scheme approving Merger by Absorption, of 9 wholly owned subsidiaries i.e. Anantnath Constructions and Farms, Sitaldas Estate , MMR Social Housing, Bellissimo Estate, Renovar Green Consultants, Kora Constructions, Luxuria Complex, Odeon Theatres and Properties, and Palava Industrial and Logistics Park with […]

Japan share market closed on Wednesday, 04 May 2022, for Greenery Day national holiday. Asian stock market were mixed on Wednesday, 04 May 2022, , as investors largely staying cautious and refraining from making significant moves ahead of Federal Reserves monetary policy announcement due out later in the day. The Federal Open Market Committee is widely expected to raise interest rate by 50 basis points. […]

The board will consider issuing bonus shares on 9 May 2022.

Tata Steel: The steel major reported consolidated net profit of Rs 9,835 crore in Q4 FY22 from Rs 7,162 crore in Q4 FY21. Turnover for the quarter ended March 2022 stood at Rs 69,324 crore, rising from Rs 50,028 crore posted in Q4 FY21. The company recommended a dividend of Rs 51 per share for the financial year ended 31 March 2022. The companys board […]